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How would the CEO of Wakeland Community Hospital explain Value - Based Purchasing ( VBP ) to front line staff to help paint the big
How would the CEO of Wakeland Community Hospital explain ValueBased Purchasing VBP to front line staff to help paint the big picture?
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VBP rewards hospitals with incentive payments for the quality of care provided in the inpatient hospital setting.
VBP is buying supplies at a very discounted price to cut costs for hospitals.
VBP rewards nurses and physicians with bonuses and incentives, when they provide good care.
VBP examines Leap Frog data and rewards hospitals with incentive payments based on customer surveys and the patient experience.
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